The term Passive Income could be misleading sometimes, because no entrepreneur can stay ahead of competitors passively.
In other words, no passive income is permanent if you don\’t continuously innovate and systemise your income generating system.
Therefore, instead aiming for a one time passive income, aim for a leveraged income that you can operate by leveraging Other People\’s Time (OPT), Other People\’s Experience (OPE), Other People\’s Money (OPM), etc.
Simply put, aim to build a business that is scalable and could be leveraged to operate and run without you.
This becomes your lean and smart business model.
This is an excerpt from my new book \”The Laws of Success\”
For more information on starting and growing your business drop me a line on donconco@live.com
visit Masterpiece Inspirations for Success https://clemsemeka.blogspot.co.uk
Follow me on twitter: @ClemsEmeka
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Published by Masterpiece Inspirations
Clems is a blogger, author, mentor and successful entrepreneur, that loves to inspire people and help them discover their purpose in life, by tapping into their unique potentials.
As an ex British Army, he had the rare opportunity of interacting with people from various nationalities and discovered that inspiration is an effective strategy for conflict resolution and lifetime transformation.
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